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  2. Inventory (library and archive) - Wikipedia

    en.wikipedia.org/wiki/Inventory_(library_and...

    Every three years, a sample was to be taken of an identified number of items in each Library of Congress letter classification. If loss rates were more than 1% for two years in a row, this would indicate that a full inventory was needed. [12] "A random sampling of the collection serves as an indicator for the rest of the collection.

  3. Inventory - Wikipedia

    en.wikipedia.org/wiki/Inventory

    For example, organizations in the U.S. define inventory to suit their needs within US Generally Accepted Accounting Practices (GAAP), the rules defined by the Financial Accounting Standards Board (FASB) (and others) and enforced by the U.S. Securities and Exchange Commission (SEC) and other federal and state agencies. Other countries often have ...

  4. Inventory optimization - Wikipedia

    en.wikipedia.org/wiki/Inventory_optimization

    Inventory optimization refers to the techniques used by businesses to improve their oversight, control and management of inventory size and location across their extended supply network. [1] It has been observed within operations research that "every company has the challenge of matching its supply volume to customer demand.

  5. Data analysis - Wikipedia

    en.wikipedia.org/wiki/Data_analysis

    [124] [125] It is especially important to exactly determine the structure of the sample (and specifically the size of the subgroups) when subgroup analyses will be performed during the main analysis phase. [126] The characteristics of the data sample can be assessed by looking at: Basic statistics of important variables; Scatter plots

  6. Reorder point - Wikipedia

    en.wikipedia.org/wiki/Reorder_point

    The reorder point (ROP), also reorder level (ROL) or "optimal re-order level", [1] is the level of inventory which triggers an action to replenish that particular inventory. It is a minimum amount of an item which a firm holds in stock, such that, when stock falls to this amount, the item must be reordered.

  7. Sample maximum and minimum - Wikipedia

    en.wikipedia.org/wiki/Sample_maximum_and_minimum

    The minimum and the maximum value are the first and last order statistics (often denoted X (1) and X (n) respectively, for a sample size of n). If the sample has outliers, they necessarily include the sample maximum or sample minimum, or both, depending on whether they are extremely high or low. However, the sample maximum and minimum need not ...

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